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Business

EU fines Gucci, Chloé and Loewe millions for violating competition rules

Brussels, Belgium – The European Union announced on Tuesday that it had imposed fines totalling 157 million euros on luxury firms Gucci, Chloé and Loewe for breaching competition rules. The sanctions follow surprise raids conducted in April 2023 and an antitrust investigation by the European Commission in July 2024. The EU's executive arm...

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Fashion

Paris Fashion Week to run until March 10

Paris Fashion Week has added an extra day to its women’s fashion autumn/winter 2021 calendar, and will now run from March 1 until March 10. There was no explanation on the official statement regarding the reason for an extra day, however, on the schedule, it shows that Louis Vuitton has moved from its original date of March 9 to the following...

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